Private Equity

North America

GA lures business school head

Just two weeks after hiring the former president of Visa, the firm has taken on the dean of global business graduate school INSEAD, Frank Brown.

1 min read · 05 January 2013

Goldman prop-trading team heads to KKR

A group of nine traders, led by Bob Howard, will join KKR in New York, setting the stage for the alternative investment giant to build a major hedge fund operation.

2 min read · 05 January 2013

HarbourVest moves secondaries specialist to Asia

Tim Flower relocated to the firm’s Hong Kong office from London this month and is the firm’s first dedicated secondaries specialist in the region.

2 min read · 05 January 2013

Hands gets warned, attacks the FT

Terra Firma head Guy Hands said Friday he ignored information the Financial Times had that Cerberus had dropped out of the EMI auction because the newspaper ‘gets things wrong on a completely consistent basis’.

2 min read · 05 January 2013

New York commits $360m across three funds

Blackstone’s sixth buyout fund garnered a $300m commitment from the pension giant.

1 min read · 05 January 2013

Newbury beats target with $1bn for Fund II

The secondaries firm will carefully select opportunities in the market, which has seen increasing volume, says Newbury director Justin Pollack.

1 min read · 05 January 2013

CalPERS considers $175m to Wellspring

Wellspring Capital Partners’ fifth buyout fund is targeting $1.3bn for US mid-market investments and is expected to close this month.

1 min read · 05 January 2013

News analysis: Hands, Citi and the nine

Terra Firma’s trial against its banking nemesis will boil down to who will impress the jury as the most credible witness.

3 min read · 05 January 2013

Broker lawyers

Why did a law firm take a fee to re-introduce CalPERS to one of its long-term GPs?

3 min read · 05 January 2013

Terra Firma trial kicks off in New York

The Guy Hands-led firm is suing its financial advisor Citi for allegedly tricking it into buying EMI for £4 billion. Citi argues Hands is looking for a scapegoat for the struggling investment.

4 min read · 05 January 2013

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